Graniteshares 1x Short Coin Daily Etf ETF Forecast

Buy candidate since Jun 01, 2026 Gain 38.37%

The Graniteshares 1x Short Coin Daily Etf ETF price gained 14.19% on the last trading day (Friday, 5th Jun 2026), rising from $55.32 to $63.17. During the last trading day the ETF fluctuated 11.62% from a day low at $59.38 to a day high of $66.28. The price has risen in 7 of the last 10 days and is up by 50.98% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 125 thousand more shares were traded than the day before. In total, 230 thousand shares were bought and sold for approximately $14.50 million.

The ETF lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $64.12 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -18.06% during the next 3 months and, with a 90% probability hold a price between $25.30 and $52.54 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

CONI Signals & Forecast

Mostly positive signals in the chart today. The Graniteshares 1x Short Coin Daily Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $51.26 and $44.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, May 11, 2026, and so far it has risen 80.90%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Graniteshares 1x Short Coin Daily Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $53.45 and $52.60. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Graniteshares 1x Short Coin Daily Etf finds support just below today's level at $53.45. If this is broken, then the next support from accumulated volume will be at $52.60 and $52.04.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $6.90 between high and low, or 11.62%. For the last week, the ETF has had daily average volatility of 9.11%.

Our recommended stop-loss: $60.95 (-3.52%) (This ETF has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 18 days ago.)

Trading Expectations (CONI) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Graniteshares 1x Short Coin Daily Etf to open at $62.94, and during the day (based on 14 day Average True Range), to move between $60.35 and $65.99, which gives a possible trading interval of +/-$5.65 (+/-9.36%) up or down from last closing price. If Graniteshares 1x Short Coin Daily Etf takes out the full calculated possible swing range there will be an estimated 9.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $64.01 (1.33%) than the support at $53.45 (15.39%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Graniteshares 1x Short Coin Daily Etf ETF A Buy?

Graniteshares 1x Short Coin Daily Etf holds several positive signals and despite the ETF being in a falling trend, we considered it to be a good choice at these current levels. We expect Graniteshares 1x Short Coin Daily Etf ETF will perform very well in the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.038 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $62.94 ( 0.359%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk